Articles

Keywords

Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of Best Buy Co. (BBY)

Faruqi & Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of Best Buy
Co. (“Best Buy” or the “Company”) (NYSE: BBY) for potential breaches of
fiduciary duties in connection with their conduct related to the
proposed buyout of the Company by its Founder and former Chairman,
Richard Schulze, who is currently Best Buy's largest shareholder,
controlling approximately 21% of Best Buy shares. Under the terms of the
proposed transaction, the stockholders of Best Buy will receive between
$24 and $26 in cash for each share of Best Buy common stock they own,
while according to Yahoo! Finance, at least one financial analyst has
set a price target of $36.00 for BestBuy.

Request more information now by clicking here: www.faruqilaw.com/BBY.There is no cost or obligation to you.

Whether Best Buy's Board of Directors is acting in accordance with their
fiduciary duties to Best Buy's stockholders to conduct an adequate and
fair sales process to sell the Company, whether the proposed transaction
undervalues Best Buy's shares, whether Best Buy's Board of Directors is
adequately negotiating a price increase for the proposed transaction and
by how much this proposed transaction undervalues the Company to the
detriment of Best Buy's shareholders are the key focus of this
investigation.

Faruqi & Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, throughout
all phases of litigation. The firm has an experienced trial team which
has achieved significant victories on behalf of the firm's clients.

If you own common stock in Best Buy and wish to obtain additional
information and protect your investments free of charge, please visit us
at www.faruqilaw.com/BBY
or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com
or by telephone at (877) 247-4292 or (212) 983-9330.

Attorney Advertising. (C) 2012 Faruqi & Faruqi, LLP. The law firm
responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).
Prior results do not guarantee or predict a similar outcome with respect
to any future matter. We are happy to discuss your particular case.